Event CoverageRetail and Healthcare Innovation: Insights from NACDS Total Store Expo 2024 Coresight Research September 20, 2024 Reasons to ReadCoresight Research attended the National Association of Chain Drug Stores Total Store Expo (NACDS TSE) in August 2024, hosting the Innovation Forum alongside our partners GoCharlie, Omnistream, Placer.ai and Treasure Data. In this report, we offer key highlights and strategic insights from the event. Hot topics included GenAI (generative artificial intelligence), pharmacy benefit manager (PBM) reform and innovations shaping the US healthcare market. Companies mentioned in this report include: Amazon, CVS Health, GoCharlie, IBM, Omnistream, Placer.ai, Teladoc Health, Treasure Data, Walgreens Boots Alliance, Walmart Other relevant research: Innovator Profile: GoCharlie’s AI Assistant Provides Data Control and Drives Productivity for Brands The Power of First-Party Data: Five Ways To Maximize Business Success: A free report from Coresight Research and Treasure Data All Coresight Research coverage of drugstore retail Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused AI/XR, M.D.: Consumer-Facing Technology—Healthcare’s Tech-Enabled Future, Part One and Part Two Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 38: US Store Closures Climb Nearly 50% Year Over Year Aaron Mark Dsouza, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research September 20, 2024 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. Data in this research report include: Week-by-week comparisons of announced store closures and openings in the US and the UK—2024 vs. 2023 Major US and UK store closures and openings, 2024 Major US and UK retail bankruptcies—2024 and 2023 Companies mentioned in this research report include: Aldi, Adidas, Metro Mattress, Reebok Other relevant research: The full collection of Store Tracker reports The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries. The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
InfographicThree Data Points We’re Watching This Week: Global Focus John Mercer, Head of Global Research and Managing Director of Retail Research September 20, 2024 Reasons to ReadOur Three Data Points We’re Watching This Week series spotlights key data points from this week’s research. Discover key data points we are watching in week 38 of 2024, spanning India’s Big Billion Days 2024, US credit card balances and economic optimism in China. Dive into the full research reports behind these data points: Flipkart Big Billion Days 2024 Preview: Fast Delivery and Increased Sustainability To Boost Sales Data Dive: US Consumer Debt in Focus as the Fed Cuts Rates Consumer Confidence Hints at Economic Uptick: China Consumer Survey Insights This document was generated for
Insight ReportRetail Shrink and ORC: California and New York Enact Tough New Anti-Theft Laws Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 19, 2024 Reasons to ReadWe present the latest developments in retail shrink, which include new anti-theft laws in the US and supermarket security measures in the UK. Plus, discover new solutions and partnerships in the loss-prevention technology space, and dive into recent commentary on shrink from selected US retailers. Part of our monthly Retail Shrink and ORC (organized retail crime) series, this research report covers the period mid-August to mid-September 2024. Companies mentioned in this report include: Appriss Retail, Associated British Foods, Co-op, Dick’s Sporting Goods, Giant Food, Morrisons, Nordstrom, Target, ZeroEyes Other relevant research: More reports in the Retail Shrink and ORC series RetailTech: Leading-Edge Loss Prevention—Tackling Theft and Fraud Through RFID, Video Surveillance and More—a free report, sponsored by Sensormatic Retail Challenges Drive Edge Technology Investment—a free report, sponsored by VMware Retail-Tech Landscape: Loss Prevention Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportData Dive: US Consumer Debt in Focus as the Fed Cuts Rates John Mercer, Head of Global Research and Managing Director of Retail Research September 18, 2024 Reasons to ReadThe US Federal Reserve is cutting interest rates, with the latest, 50-basis-point interest-rate cut announced on September 18, 2024. In this Data Dive, we review the state of consumer debt in the US amid these cuts, including trajectories, delinquencies (past-due) and ratios to income. Read our data-driven insights to understand key metrics shaping the US consumer economy. Data in this research report include: US household debt, 2Q24, including outstanding balances and delinquency rates US household credit card debt, 2010–2024 US household debt service payments as a proportion of disposable personal income Raio of US consumers’ unsecured debt to monthly household income, breakdown by income—proprietary survey data Companies mentioned in this report include: Costco, Dick’s Sporting Goods, Kohl’s, Shein, Target, The TJX Companies Other relevant research: More reports in the Coresight Research Data Dive series Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportFlipkart Big Billion Days 2024 Preview: Fast Delivery and Increased Sustainability To Boost Sales Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 18, 2024 Reasons to ReadWe present key insights ahead of Flipkart’s Big Billion Days (BBD) 2024, which will begin on September 27. We discuss consumer sentiment for the festive season, categories that consumers are likely to buy during the event, and key initiatives from Flipkart to offer a seamless shopping experience and drive sales. Data in this research report include: Number of online shoppers in India, 2019–2027E Most popular categories that Indian consumers shop online, July 2023–June 2024 Companies mentioned in this report include: Amazon, Flipkart, Myntra, Samsung, Walmart Other relevant research: Flipkart Big Billion Days 2023: Wrap-Up—Value, Technology and Convenience Take the Lead Retail 2024: 10 Trends in India Retail Amazon Prime Day India 2024: Wrap-Up—Flagship Event Delivers Record Member Engagement Key Festivals and Holidays for Promotional Campaigns in India in 2024: Calendar Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event CoverageStrategic Guide to Shoptalk Fall 2024: Six Key Themes Shaping Retail’s Future Anand Kumar, Associate Director of Research September 18, 2024 Reasons to ReadCoresight Research is a research partner of Shoptalk Fall 2024, a new conference from the Shoptalk team that will explore the latest trends, innovations, challenges and opportunities in the retail industry. The event will take place during October 16–18, 2024, in Chicago, Illinois, US. Plan your time at Shoptalk Fall 2024 with this essential guide to key sessions across six retail themes, from unified commerce to brand loyalty. Don’t miss out on strategic insights to help your business identify the signal in the noise of the vast quantities of data, news and other information we all confront today. We look forward to seeing you at Shoptalk Fall. This report was first published on September 18, 2024. We updated some details on October 7, 2024. Other relevant research: Catch up on insights from previous Shoptalk events and look out for our daily coverage of Shoptalk Fall 2024 here. Complementing this guide, the Coresight Research Retaili$tic podcast previewed Shoptalk Fall in an episode released on October 1, 2024. Tune in to hear critical insights from Deborah Weinswig, CEO and Founder of Coresight Research, on a range of retail topics! All our coverage of retail management This report is available for free and can be accessed by registering for a free account. This document was generated for
Insight ReportAugust 2024 US Retail Sales: Growth Eases Following One-Month Spike Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 17, 2024 Reasons to ReadUsing data from the US Census Bureau, we analyze US retail sales in August 2024, in total and by sector. Data in this research report are: Year-over-year changes in US total retail sales (excluding gasoline and automobiles), August 2023–August 2024 Year-over-year changes in retail sales by sector, July and August 2024 Other relevant research: July 2024 US Retail Sales: Growth Rebounds with Second-Highest Rate in 2024 Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators in the US. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveBeauty Shopping in Focus—Walmart and Amazon Retain Dominance Over Specialists and Drugstores: US Consumer Survey Insights Aditya Kaushik, Analyst September 17, 2024 Reasons to ReadThe Coresight Research weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data. This week, in addition to our usual weekly findings on consumer sentiment, activities and shopping patterns (with the latest data from our September 9, 2024, survey), we present new data on the beauty sector specifically, diving into where beauty shoppers make purchases and what they buy. Data in this research report are our latest proprietary survey findings on: Whether consumers have purchased beauty products in the past three months Popular retailers and product categories among beauty shoppers Activities that consumers have done in the past two weeks Where consumers have bought food and nonfood products from in the last two weeks What consumers have bought in-store and online in the last two weeks Consumers’ expectations for the economy overall and for their own personal financial situation Companies mentioned in this research report include: Amazon, CVS, Sephora, Target, Ulta Beauty, Walmart Other relevant research: US Beauty—Retail 2024 Sector Outlook: Feel-Good Factor To Drive Sales Market Navigator: US Beauty—Inclusivity, Premiumization and Innovation Lead the Way All our research reports on beauty retailing Every 12 weeks, we survey consumers about each major retail sector, and we include that data in full in our US Consumer Survey Insights Databank. Look out for focused analysis on more retail sectors in future reports in our US Consumer Survey Insights report series. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveConsumer Confidence Hints at Economic Uptick: China Consumer Survey Insights Madhav Pitaliya, Analyst September 16, 2024 Reasons to ReadThe Coresight Research monthly China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data. In this research report, we present findings from our latest weekly surveys, with the most recent undertaken on August 26, 2024. Following a period of dwindling consumer sentiment in China, we have recently seen this trend pivot. Dive into our analysis to keep on top of consumer shifts and understand their implications for the wider market. Data in this research report are: Consumers’ expectations for economic conditions and personal finances in the next 12 months Activities that consumers have done in the past two weeks What products consumers have bought in-store and online in the past two weeks Other relevant research: Read the full series of China Consumer Survey Insights reports. The Coresight Research China Retail Sales Databank brings together retail sales data to help you understand the trajectory of retail in China. Retail 2024: 10 Trends in China Retail Key Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar More research reports on China retail Interested in more consumer survey analysis? Check out our US Consumer Survey Insights series. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Analyst CornerAnalyst Corner—AI: An Overutilized Phrase; an Underutilized Solution, with Manik Bhatia Manik Bhatia, Head of Cobranded Research Sector Lead: John Harmon, CFA, Associate Director of Technology Research September 15, 2024 Reasons to ReadWelcome to Analyst Corner! Every Sunday, a member of the Coresight Research team discusses upcoming or recent research and their thoughts on interesting topics in their area of expertise. This week, Manik Bhatia, Head of Custom Research, discusses whether the actual implementation of AI (artificial intelligence) in retail aligns with the technology’s dominance in industry conversation. We also highlight our key research from the past week and reports to look out for in the coming week, so you don’t miss out. Data in this research report include: Estimated global GenAI applications market size and growth trajectory Other relevant research: AI Models: Risky Business—Navigating the Challenges of Using AI AI and Unified Data: Empowering Next-Generation Product and Shopper Intelligence: A free report from Coresight Research and Digital Wave Technology The Future of Visual Content in US E-Commerce: Optimizing Your Strategy with AI: A free report from Coresight Research and Vizit All Coresight Research coverage of generative AI Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. Read previous Analyst Corner reports, including last week’s report, which discusses electronic shelf labels and dynamic pricing. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 37: Big Lots Files for Bankruptcy; LL Flooring To Close Additional Stores Aaron Mark Dsouza, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research September 13, 2024 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. Data in this research report include: Week-by-week comparisons of announced store closures and openings in the US and the UK—2024 vs. 2023 Major US and UK store closures and openings, 2024 Major US and UK retail bankruptcies—2024 and 2023 Companies mentioned in this research report include: Alimentation Couche-Tard, Big Lots, Dollar Tree, LL Flooring Other relevant research: The full collection of Store Tracker reports The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries. The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
InfographicThree Data Points We’re Watching This Week John Mercer, Head of Global Research and Managing Director of Retail Research September 13, 2024 Reasons to ReadOur Three Data Points We’re Watching This Week series spotlights key data points from this week’s research. Discover key data points we are watching in week 37 of 2024, spanning electronic shelf labels, omnichannel shopping and retail management, and including proprietary survey data. Dive into the full research reports behind these data points: RetailTech: Electronic Shelf Labels—A Boon or Burden for Consumers? Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. From Omnichannel to Unified Commerce: Elevating Cross-Channel Customer Experiences to the Next Level: A free report, sponsored by Locus AI and Unified Data: Empowering Next-Generation Product and Shopper Intelligence: A free report from Coresight Research and Digital Wave Technology Premium subscribers can access more research on the theme of retail management here. This document was generated for
Insight ReportLuxury Retailing—US Real Estate Insights: Contrasting Expansion and Consolidation Trends Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 12, 2024 Reasons to ReadBuilding on our Market Navigator on global luxury retailing, we examine selected brands’ store traffic, store closures and store openings to understand the evolving real estate landscape in the US luxury market. The luxury retail landscape has been severely disrupted in recent years by the impacts of the Covid-19 pandemic on the brick-and-mortar channel and consumers’ subsequent shifting shopping preferences. Now, luxury brands are strategizing for the future when it comes to their physical store footprint. Which brands are expanding, and which are consolidating stores? Find out in this data-driven research report. Data in this research report include: The size and trajectory of the global luxury market, 2019–2028E Selected luxury brands’ US store traffic and store counts, 2020–2024 Pandora and Hugo Boss—US store openings and closures, June 2023–May 2024 Companies mentioned in this report include: Burberry, Capri Holdings, Chanel, Kering, LVMH, Pandora, Tapestry Other relevant research: Market Navigator: Global Luxury Retailing—Ultra Luxe and the China Market Stand Out as High-End Hitters Luxury Retailing: Home and Away—Three Learnings for Growth Across Global Markets The High-Tech High End: Solutions Elevating Supply Chain and Operations in Luxury Retailing More real estate insights Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. The Market Sizes Databank offers an overview of key retail market or sector sizes, including Coresight Research projections for future years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportRetailTech: Electronic Shelf Labels—A Boon or Burden for Consumers? John Harmon, CFA, Managing Director of Technology Research September 11, 2024 Reasons to ReadConsumers and regulators are concerned about retailers’ use of electronic shelf labels (ESLs) with dynamic pricing to implement surge pricing and gouge already price-weary consumers. We dive into the hype around Walmart’s announcement to roll out ESLs and discuss other developments in the ESL space that are shaping the consumer mindset and the future of electronic shelving in retail stores. Discover the benefits of ESLs for retailers, consumers and the environment, and understand the consumer perspective on this controversial technology. This report is part of our RetailTech series, which explores developments, insights and implications related to established and emerging technologies that are shaping the retail landscape. Data in this research report include: Global ESL market size, 2023–2028E Companies mentioned in this report include: Kroger, Microsoft, VusionGroup, Walmart, Wendy’s Other relevant research: Analyst Corner—Electronic Shelf Labels Are Here To Stay RetailTech: Electronic Shelf Labels—The Shelf Is Where the Retail Action Is At The Future of Pricing: How AI Is Transforming Price Planning in Retail: A free report from Coresight Research and Competera Precision Pricing in Retail: AI-Driven Pricing Decisions for 2024 and Beyond: A free report from Coresight Research and RELEX More research on physical retail and retail management Read the previous report in the RetailTech series, on smart carts. Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
